Host Analytics the innovative cloud-based corporate performance management (CPM) solutions company has announced it is expanding its operations to Europe by opening a dedicated UK office to support business development and sales operations in the region. The company’s solutions cover planning, budgeting, scorecarding, financial consolidation and reporting.
As part of this new office opening, Host Analytics also announced its latest customer win with NEC Europe. “At NEC Europe, we wanted to streamline the planning process and carry out more detailed analysis on our financial performance in order to support our growth plans and improve our current decision making processes. By moving our financial reporting, budgeting and planning processes to the cloud with Host Analytics, we will be able to integrate our existing systems and deliver the necessary depth of data, as well as providing a full forward looking view of our operations across Europe,” commented Gavin Johnston, European Finance Director at NEC Europe Limited.
As part of today’s news, Host Analytics is also announcing its integration with FinancialForce.com, a US and UK-based provider of accounting and professional services automation tools for SalesForce. Working together, Host Analytics and FinancialForce.com provide organizations with automatic integration of individual transaction data into wider planning cycles. This provides customers with significant value and reduces their reporting and planning time dramatically.
“Budgeting and planning is at the heart of managing company performance, and relies on both accurate information and timely delivery of data. By providing information quickly and in a simple-to-understand format, organizations can improve their performance and finance professionals can offer more value back to their companies,” said Tom Brennan, VP Product Marketing, FinancialForce.com. “We are very pleased to be working with Host Analytics as part of its expansion plans, and we see great potential for future combined cloud offerings